Warning Investors jjp-ex.io – This is a suspected imposter entity. It may be impersonating or falsely claiming to be working with:
– a registered Australian business;
– Australian financial services licensee;
– Australian credit licensee; and/or
– the authorised representatives or employees of the business or licensee.
Introduction To jp-ex.io
jp-ex.io is a cryptocurrency platform that claims to be the world’s leading cryptocurrency exchange. It offers various services such as spot trading, launchpad, staking, and lending. It also claims to have high security, low fees, and fast transactions. However, jp-ex.io has been warned by the Australian Securities and Investments Commission (ASIC) for offering financial services to Australian consumers without a licence.
Regulation and Compliance Of jp-ex.io
According to ASIC, jp-ex.io does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee. This means that jp-ex.io is not regulated by ASIC and does not comply with the Australian laws and standards that protect consumers and investors. ASIC has issued an investor alert on its website on 15 December 2023, advising Australians to avoid dealing with jp-ex.io .
Customer Support Offered by jp-ex.io
jp-ex.io claims to offer 24/7 customer support via email, phone, and live chat. However, there are many complaints from users who say that they have not received any response or assistance from jp-ex.io when they encountered problems or issues with their accounts or transactions. Some users also report that they have been scammed or hacked by jp-ex.io or its affiliates .
Customer Reviews Of jp-ex.io
The customer reviews of jp-ex.io are mostly negative and warn others to stay away from this platform. Many users say that they have lost money or access to their funds due to jp-ex.io’s poor service, technical glitches, or fraudulent activities. Some users also accuse jp-ex.io of being a Ponzi scheme or a pyramid scheme that pays old investors with new investors’ money .
Measures to Avoid Fraud Brokerages
To avoid falling victim to fraud brokerages like jp-ex.io, consumers and investors should always check the licence status of any entity that offers financial or investment products or services in Australia. They can use ASIC’s online registers to search for companies, business names, SMSF auditors, persons, financial advisers, and more . They can also use ASIC’s Moneysmart website to find out more about how to check and report scams, find unclaimed money, get financial advice, and more .
jp-ex.io is a cryptocurrency platform that has been warned by ASIC for offering financial services without a licence. It is not regulated by ASIC and does not comply with the Australian laws and standards that protect consumers and investors. It has received many negative reviews and complaints from users who say that they have been scammed or hacked by jp-ex.io or its affiliates. Consumers and investors should avoid dealing with jp-ex.io and always check the licence status of any entity that offers financial or investment products or services in Australia.